#spending power

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Happy Halloween, everyone! 💀👻🧟‍♂️

[generalelectionmusings]

Rise in number of UK companies entering administration

Construction and retail badly hit as 1,400 firms went into administration last year

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“It is bad enough that the poor are already so stigmatized, and now we are stigmatizing them even further for the way they consume goods and services,” Mr. Torres told me. “I talk a lot about effective discrimination. But this amounts to intentional discrimination, because these businesses that don’t accept cash know exactly who they are keeping out.”

How the Cashless Economy Shuts Out the Poor - The New York Times

[heylheir]

Target CEO Steps Down After $11 Billion Loss and DEI Backlash

The Leadership Shake-Up Target CEO Brian Cornell is stepping down after 11 years at the helm, with Chief Operating Officer Michael Fiddelke taking over on February 1, 2026. The announcement came amid persistent sales declines and intensified public backlash over the company’s rollback of DEI initiatives.Newsweek+15The Guardian+15Indiatimes+15 Financial Fallout This leadership transition sent…

Target CEO Steps Down After $11 Billion Loss and DEI Backlash

[kazifatagar]

X Users Claim Malaysian Muslims have STRONG Spending Power 

Social media users say Malaysian Muslims have strong spending power. The emphasis of having Halal certification in restaurants is important as the majority of this country are Muslims. Additionally, some say that customers sorting for Halal food are generally not particular.  X users claim Malaysian Muslims have strong spending power Spending power ≠ suka spend. Melayu suka spend. Even miskin…

X Users Claim Malaysian Muslims have STRONG Spending Power 

[tearsofrefugees]

Black Immigrants in the United States: Population, Spending Power, and Political Capital

Black immigrants play an important role in our economy and political landscape. The U.S. is currently home to more than 4 million Black immigrants.

[worklabournewsresearch]

Women’s Growing Economic Power: New Opportunities, Critical Needs

“With projected global spending power of $18 trillion, women are an increasingly powerful force in today’s economy. ... Women’s growing participation in the workforce has also boosted the world’s economy. Some studies have found that if women enter – and stay – in the U.S. workforce at the same rate as Norway, the U.S. economy would be $1.6 trillion larger than in 2018 – a 3 percent growth rate. ... [A]s spending power increases, a woman’s role in key financial decisions such as personal investments has increased dramatically.”

“However, even as a woman’s financial power strengthens and her role in the workforce and investment markets expands, female workers face challenges that their male counterparts do not. One area that needs to be addressed is the retirement savings gap. Employers looking to help fill this gap should consider a solution that plays to a woman’s strong financial savvy: a focus on financial wellbeing.”

“A longer life expectancy – along with lower compensation over their lifetimes – creates a larger financial burden for women retirees than for their male counterparts. Perhaps because of this additional burden, women expect a more fluid transition to retirement. Half of working women expect to transition to part-time work before fully retiring. Employers can help women close their retirement gap by focusing on education and retirement planning tools targeted toward women workers.”

The One Brief: “Women’s Growing Economic Power: New Opportunities, Critical Needs”

Aon: The Real Deal 2018 Retirement Income Adequacy Study

Photo Source: (2021). Women’s Growing Economic Power: New Opportunities, Critical Needs [Illustration]. The One Brief. https://theonebrief.com/womens-growing-economic-power-new-opportunities-critical-needs/?utm_source=subscribe&utm_medium=email&utm_campaign=weeklyemail

[wxxv-tv]

Mississippi leaders clash over spending power

Mississippi leaders clash over spending power

Mississippi lawmakers have returned to the capitol for a showdown with the governor over spending power.

At issue is who decides how to spend more than $1.25 billion the state is receiving from the federal government for coronavirus relief.

Republican leaders of the House and Senate point out that the Mississippi Constitution gives spending authority to the legislature.

But Republican Governor…

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